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TMI Blog2021 (12) TMI 464X X X X Extracts X X X X X X X X Extracts X X X X ..... e clear that the provisions of both the CGST Act and the TGST Act are the same except for certain provisions. Therefore, unless a mention is specifically made to any dissimilar provisions, a reference to the CGST Act would also mean a reference to the same provision under the TGST Act. Further, for the purposes of this Advance Ruling, the expression 'GST Act' would be a common reference to both CGST Act and TGST Act. 3. It is observed that the queries raised by the applicant fall within the ambit of Section 97 of the GST ACT. The Applicant enclosed copies of challans as proof of payment of Rs. 5,000/- for SGST and Rs. 5,000/- for CGST towards the fee for Advance Ruling. The concerned jurisdictional officer also raised no objection to the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... need to be transferred to ISD, will be shown in Point (a) of Tile 3.1 of GSTR-3B. 2. If Q No.1 is Yes, and if both the Transferor and Transferee (having same PAN) are in the same State, whether IGST will be transferred as IGST or as CGST and SGST? 3. If Q No.1 is Yes, and if both the Transferor and Transferee (having same PAN) are in different states, whether CGST and SGST will be transferred as CGST and SGST or as IGST? 4. If Q No.1 is No, then how the input credit will be transferred to ISD? Specifically, where and how to show the same in GSTR-3B and GSTR-1, so that there will be proper compliance? 6. Personal Hearing: The Authorised representatives of the unit namely Sri. R. Sheshagiri Rao Charter Accountant attended the personal he ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nvoice shall contain taxable value and rate and amount of credit to be transferred. Under clause (b) of this sub rule the taxable value in such invoice shall be the same as the value of common service. Further, under Sec 37(1) of the CGST Act, 2017 and Sec 14 of the IGST Act, 2017 read with rule 59(1) of CGST Rules, 2017 every registered person other than an ISD or Non-Resident Taxable Person (NRTP) or a person opting for composition or a person doing TDS & TCS on the supplies received shall furnish details of outward supplies in Form GSTR-1. A combined reading of the provisions prescribed above clearly indicate that a registered person intending to transfer the credit on common input services to ISD shall file the details of such credit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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